Stats week: Looking at the bigger picture
Thursday, 11th June
Each month we have a week where all the real estate housing stats come out telling us how the market is going.
The past six days have seen three releases; firstly Barfoot & Thompson’s numbers for the Auckland market, followed by QV’s, then lastly the Real Estate Institute’s.
It’s fascinating to see the reaction to the numbers. As a general rule of thumb they are portrayed in a dark light.
Generally B&T and REINZ always try to put a positive spin on their numbers, while QV is straight down the line.
I wanted to take a bit of a bigger picture look at the numbers, and my conclusion is yes, the rate of growth is slowing, but it ain’t all that bad.
Finish reading my blog
here and leave your comments.
Warm regards
The Landlord
Latest News
Mexican stand-off in housing market
A Mexican stand-off between house buyers and sellers continues, according to some interpretations of the latest real estate prices. View More
Property market holds up in May: REINZ
New Zealand residential property prices are back to where they were a year ago, according to the Real Estate Institute of New Zealand. View More
House prices down, and expected to keep falling
The latest house price statistics from QV show prices are down again, and the expectation is that declines are set to continue for some time yet. View More
Reviews
Toolbox: QV Insider
Here at the NZ Property Investor we love websites that slice and dice figures and help make sense of the vast amounts of data that serious investors must plough through. QV Insider is the latest in a line of useful computer and Internet-based tools for Kiwi property investors.
View More
Ask an expert your question
Do you have a burning property investment question you need answered - you may find it in the Ask an Expert archive. The latest Q&A's are:
How do I set up tenancies for individual rooms?
What strategy should I employ?
What are my obligations when raising rents?
Can I increase site land without a retaining wall?
Rental stats now live
The REINZ Rental stats for the past month to April 2008 is now available on Landlords. View stats here
Find the best home loan rate
Search our mortgage rates table for the best home loan rates offered from over 50 lenders.
View the mortgage centre
Find an Expert
Use the Landlords Property Directory to find an expert in your area. This directory contains expert Accountants, Lawyers, Surveyors, Real Estate Agents and Property Finders from around New Zealand.
Find an expert
|